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Dec 30, 2012
12/12
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lots of people in the republican party especially to are very upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insisting that the estate tax stay at current levels, which is exempt states up to $5 million. many democrats would like to see -- in january, it is scheduled to come -- it is scheduled to go up dramatically. on states as small as a million dollars would be taxed. most democrats want to see something in the middle. they're adamant that we cannot exempt states as large as $5 million. that could be another sticking point. >> lori montgomery, to expect anything else to go on today? when is the earliest that the senators will come back in for session tomorrow? >> the senate is due back in at 1:00. the house is due at 6:30. the house is the big question mark. it is very difficult to imagine what could pass the house. as for today, it is an excellent question. the senate is not in, the house is not in. my understanding is we're
lots of people in the republican party especially to are very upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insisting that the estate tax stay at current levels, which is exempt states up to $5 million. many democrats would like to see -- in january, it is scheduled to come -- it is scheduled to go up dramatically. on states as...
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Dec 29, 2012
12/12
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caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the same. nobody was going to change anything because next year there were going to pop everything by 10%. they told you got to worry because you would get 10% more. that goes all the way back to 1968. they just keep dwelling on one thing over and over again. i would like to know from the boston globe or the herald is asking for pictures of -- host: let's move on to del on the line for democrats. caller: this is an outrage that they cannot tax the wealthy by an additional 4%. this is the lowest tax rates that have ever paid in the united states. considering that their incomes are vast compared to what they used to be many years ago when they paid a much higher rate, they are wealthy and they do not want to pay. 4% does not amount to enough to affect the deficit. maybe we ought to consider 15% or something like that. france passed a thing if you go over $1 million a year, your taxes are low on the first million. after that, they are taking 75% of
caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the same. nobody was going to change anything because next year there were going to pop everything by 10%. they told you got to worry because you would get 10% more. that goes all the way back to 1968. they just keep dwelling on one thing over and over again. i would like to know from the boston globe or the herald is asking for pictures of -- host: let's...
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Jan 1, 2013
01/13
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the pentagon and our defense department is like a giant oil tanker. you got to turn it around in a very difficult and slow manner, because they have to make plans and they have to have contingencies -- procurement of weapons, have to do all the things that are necessary to make sure our men and women who are serving in the military are the best trained, best equipped and most professional in the world, which they are. but we're looking at sequestration here when the department of defense says it will decimate our adilt -- ability to defend this nation. shouldn't the president of the united states be concerned about that? but what is his own secretary of defense is saying and what his own chairman of the joint chiefs of staff, his selection, is saying. instead, we kind of joke around and tell people they're going to be here fear new year's eve. that's not the way to lead this nation. so i come to the floor and say to my colleagues, we need to get this done. we all know that we need to get this done. we go over the cliff, we're going to disappoint the p
the pentagon and our defense department is like a giant oil tanker. you got to turn it around in a very difficult and slow manner, because they have to make plans and they have to have contingencies -- procurement of weapons, have to do all the things that are necessary to make sure our men and women who are serving in the military are the best trained, best equipped and most professional in the world, which they are. but we're looking at sequestration here when the department of defense says...
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Dec 28, 2012
12/12
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the three rreasons -- first, the pentagon papers. even though he was very conservative, came from a montreal immigrant family, the first jewish editor. the sulzbergers were the world's most assimilated jews and they underreported the holocaust. they apologized for that. rosenthal -- pentagon papers -- does anyone know what else rosenthal did? rosenthal really changed the "times" to a much more dramatic, lively newspaper. when you take journalism class is, you were told about the who, what, where, when, how. the who was elevated by something called the new journalists -- dramatic in nature, quotes from people telling us the who, what people were about, what their motives were, letting them talk to reveal their psyche. rosenthal was a proponent of this. he brought liveliness and action and even narrative to "the new york times." -- 21is how it began t members of the panama cabinet. rosenthal changed that. he had a major effect on up the newspaper. because it was an iconic newspaper, it trickled down. in other words, the who had previou
the three rreasons -- first, the pentagon papers. even though he was very conservative, came from a montreal immigrant family, the first jewish editor. the sulzbergers were the world's most assimilated jews and they underreported the holocaust. they apologized for that. rosenthal -- pentagon papers -- does anyone know what else rosenthal did? rosenthal really changed the "times" to a much more dramatic, lively newspaper. when you take journalism class is, you were told about the who,...
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Dec 31, 2012
12/12
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the pentagon and our defense department is like a giant oil tanker. you got to turn it around in a very difficult and slow manner, because they have to make plans and they have to have contingencies -- procurement of weapons, have to do all the things that are necessary to make sure our men and women who are serving in the military are the best trained, best equipped and most professional in the world, which they are. but we're looking at sequestration here when the department of defense says it will decimate our adilt -- ability to defend this nation. shouldn't the president of the united states be concerned about that? but what is his own secretary of defense is saying and what his own chairman of the joint chiefs of staff, his selection, is saying. instead, we kind of joke around and tell people they're going to be here fear new year's eve. that's not the way to lead this nation. so i come to the floor and say to my colleagues, we need to get this done. we all know that we need to get this done. we go over the cliff, we're going to disappoint the p
the pentagon and our defense department is like a giant oil tanker. you got to turn it around in a very difficult and slow manner, because they have to make plans and they have to have contingencies -- procurement of weapons, have to do all the things that are necessary to make sure our men and women who are serving in the military are the best trained, best equipped and most professional in the world, which they are. but we're looking at sequestration here when the department of defense says...
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Dec 28, 2012
12/12
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host: what is on the table for the pentagon? guest: everything can be cut, but the president has the power to exempt military personnel, and he has indicated that he would do that. everything else is basically on the table. weapons systems, operations maintenance accounts, protected service member salary, all of those services are part of the great man's budget. host: what about procurement? caller: things that they buy. -- guest: things that they buy. and again, all of those programs, like the 30 -- like a fighter jet, that is on the table as well. host: military construction, what is that? guest of the money that the military spends to build the bases and various other facilities. host: testing and evaluation, is that big money? guest: it can be. before weapons systems are built there is a whole research and development fund. host: let's talk about what is not on the table. >> we will take you back to the white house where president obama will speak shortly. he is scheduled to speak at 5:45 p.m. eastern about the earlier meeti
host: what is on the table for the pentagon? guest: everything can be cut, but the president has the power to exempt military personnel, and he has indicated that he would do that. everything else is basically on the table. weapons systems, operations maintenance accounts, protected service member salary, all of those services are part of the great man's budget. host: what about procurement? caller: things that they buy. -- guest: things that they buy. and again, all of those programs, like the...
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Dec 31, 2012
12/12
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let me emphasize that i do not view this as the fall of the pentagon, but rather, an indication that the department of defense has insufficient assets to respond to attacks at this time -- of this type. let me comment on the administration's response to the attacks. this was so obviously a terrorist attack that i remain perplexed that the administration's officials gave such conflicting responses to questions from reporters about whether or not it was a terrorist attack. this was clearly not a peaceful protest that somehow got out of hand and evolved into a violent attack. instead, it clearly was a terrorist attack. and this, unfortunately, has been typical of what the committee has found over the last few years in our investigations of radical islamic extremism and the threat of the perversion of a peaceful religion practiced by the vast majority of muslims. the threat of the perversion of that etiology to attack our country remains a great threat. and yet, the administration repeatedly has refused to name the threat that we have faced. it was evident in the department of all land s
let me emphasize that i do not view this as the fall of the pentagon, but rather, an indication that the department of defense has insufficient assets to respond to attacks at this time -- of this type. let me comment on the administration's response to the attacks. this was so obviously a terrorist attack that i remain perplexed that the administration's officials gave such conflicting responses to questions from reporters about whether or not it was a terrorist attack. this was clearly not a...
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Dec 27, 2012
12/12
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when they go to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. enter a young turk in 1971. well, paul volcker -- that name may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still national security advisor. volck
when they go to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation....
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Dec 27, 2012
12/12
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when they go to washington, it is not a philanthropic act on the pentagon's part. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why is that? because the global surplus of recycling mechanism was sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. well, paul volcker -- been named may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. whener's paper, which are i read a few years ago, i thought it was the most remarkable document ever to emerge from washington in the last f
when they go to washington, it is not a philanthropic act on the pentagon's part. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic...